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North American timberland company, Texas-based energy firm partner to explore CCS opportunities in southern US

Carbon Pulse - Thu, 2024-02-29 02:25
A North American timberland owner has joined forces with a Texas-based energy to explore the potential for CO2 sequestration opportunities across a vast expanse of the southern US.
Categories: Around The Web

UNEP FI urges financial players to call on governments to set mandatory plastic pollution disclosures

Carbon Pulse - Thu, 2024-02-29 02:13
Financial institutions have been invited to sign a statement, calling on governments to agree on mandatory corporate disclosures on plastic pollution, by UN Environment Programme Finance Initiative (UNEP FI)
Categories: Around The Web

Uniper reports 22% drop in 2023 EU ETS-covered power generation

Carbon Pulse - Thu, 2024-02-29 02:12
Germany's Uniper's EU coal-fired power generation fell by more than one-fifth last year, the utility said in an annual report on Wednesday.
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Voluntary standard unveils new forest carbon crediting methodology

Carbon Pulse - Thu, 2024-02-29 02:09
A voluntary carbon standard has opened a consultation on a new afforestation, reforestation, and revegetation methodology, weeks after it had announced it will exclusively focus on crediting nature-based solutions and move away from older UN crediting programmes.
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Brazil kickstarts G20 bioeconomy initiative amid fears of political setbacks

Carbon Pulse - Thu, 2024-02-29 02:00
Brazil has launched an initiative to lay the groundwork for a common framework on bioeconomy as a part of its G20 Presidency, though political divisions threaten to hamper the process, an expert involved in the talks told Carbon Pulse.
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INTERVIEW: Using less energy to capture CO2 is key to DAC race  

Carbon Pulse - Thu, 2024-02-29 01:50
A developer of direct air capture (DAC) says that its technology’s low energy use requirements compared to other methods will allow it to scale up faster by connecting to the grid.
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Corporates fail to cough up enough cash to fund sustainability innovation -study

Carbon Pulse - Thu, 2024-02-29 01:39
Almost half of executives surveyed for a new study said that they struggle to fund climate investments, with spending on sustainability reporting exceeding that on tangible green innovation by 43%.
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US project developer launches programme to help small businesses boost offsetting, sustainability efforts

Carbon Pulse - Thu, 2024-02-29 01:37
A US-based project developer has launched a new initiative aimed at empowering small and midsize businesses (SMBs) to engage in sustainable practices and voluntarily reduce their carbon footprints.
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EU countries fail to reach a deal on corporate due diligence bill

Carbon Pulse - Thu, 2024-02-29 01:36
European ambassadors failed to reach an agreement on a bill setting due diligence rules for large companies, including an obligation to adopt Paris Agreement-aligned climate plans, leaving their meeting on Wednesday open-ended after a month-long stall.
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SBTi sets out corporate guidelines for beyond value chain emissions cuts via voluntary carbon credits

Carbon Pulse - Thu, 2024-02-29 01:33
New guidance from the Science Based Targets initiative (SBTi) aims to encourage companies to invest in emissions reductions beyond their own value chains on top - rather than instead - of decarbonising their own operations, including by investing in voluntary carbon credits and projects.
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What’s going on in Wales? Real farmers duped by ‘outrage’ farmers, and a clueless Sunak along for the ride | George Monbiot

The Guardian - Thu, 2024-02-29 01:15

Farmers in Britain have real reasons to be angry, but this protest against reasonable green policy has become a culture war

Step back a pace to see how weird this is. Last week, the prime minister of the United Kingdom joined a protest against one of the UK’s four governments. Farmers had obstructed a road in Llandudno with their tractors to demonstrate against the Welsh government’s attempts to meet its environmental obligations under UK law. The policies the protesters were attacking are similar to the policies Rishi Sunak’s government has introduced for England. The main difference is that in Wales, the offer for farmers is better – with more consistent payments and a smoother transition from the old system.

Sunak leads a government that has introduced the most draconian anti-protest laws in our democratic history. These laws are deployed exclusively against official enemies: environmental campaigners, republicans, feminists, Muslims. If you belong to one of these groups and you block a road, you might go to prison. If you are a farmer and you block a road, the prime minister might join you.

George Monbiot is a Guardian columnist

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European nations must end repression of peaceful climate protest, says UN expert

The Guardian - Thu, 2024-02-29 00:46

Nations should be cutting emissions to meet Paris agreement, says Michel Forst after year-long inquiry

European nations must end the repression and criminalisation of peaceful protest and urgently take action to cut emissions in line with the Paris climate agreement to limit global heating to 1.5C, the UN special rapporteur on environmental defenders has said.

After a year-long inquiry that included gathering evidence from the UK, Germany, Denmark, the Netherlands, Spain and Portugal, Michel Forst said the repression faced by peaceful environmental activists was a major threat to democracy and human rights.

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FEATURE: Steelmakers brace for end of free EU carbon allowances

Carbon Pulse - Wed, 2024-02-28 23:32
Traditional steelmakers say they will have to spend €3 billion on additional EUAs until 2030 to comply with the European Commission's newly proposed free allocation rules, which aim to promote the cleanest methods of reducing iron ore for steelmaking.
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UK-France panel spotlights challenges with scaling biodiversity credit market

Carbon Pulse - Wed, 2024-02-28 22:47
Key challenges to scaling the emerging biodiversity credits market include the need for independent verification, robust regulation, and fair engagement with Indigenous Peoples, a UK-France led international initiative told an event on the sidelines of the ongoing UN environment summit this week.
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Euro Markets: Midday Update

Carbon Pulse - Wed, 2024-02-28 22:38
EU carbon allowance prices rose to an eight-day high after the strongest auction result in six weeks triggered further short covering by speculative traders, while the weekly position data showed investors had boosted their bearish bets to a new record.
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Vanishing ice and snow: record warm winter wreaks havoc across US midwest

The Guardian - Wed, 2024-02-28 22:00

This winter’s mild temperatures, a result of climate change, have wrecked plans and disrupted local economies in the region

As a child in the 1990s, Joseph Kuzma remembers how he and his father would – around this time of year – drive their truck out on to Lake Erie and set up a mini camp right on the ice.

“We’d stay out there all weekend in an ice shanty. Catch fish, cook it and sleep in bunks on the ice,” he said. He also recalled sitting next to his brother when he drove a dump truck from the nearby island of Put-In-Bay to the mainland atop the lake ice, remarking: “We would have 6in to 8in of ice.”

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Better nature protection in the Cerrado could give huge boost to Brazil GDP, WEF says

Carbon Pulse - Wed, 2024-02-28 21:51
The agricultural development in the Cerrado no longer needs to come at the expense of destroying the ecosystem, becoming instead an opportunity to attract investment in sustainable agriculture, the World Economic Forum (WEF) has warned.
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Biomethane merger hopes to boost Europe’s green gas output with CO2 capture

Carbon Pulse - Wed, 2024-02-28 21:47
The merger of a European biomethane provider and a global supplier of biogas treatment systems will help to deploy new technology that can increase green gas production by 70% - further displacing natural gas, the companies announced Wednesday.
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Energy exchanges to collaborate on Turkish ETS

Carbon Pulse - Wed, 2024-02-28 21:04
Energy exchanges in Germany and Turkey have agreed to collaborate on building a carbon market in the Mediterranean country.
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More than 50% of US funds for ‘climate-smart’ farming do not help crisis – report

The Guardian - Wed, 2024-02-28 21:00

Agriculture agency set aside nearly $3bn to give to farmers who cut emissions, but about $1.9bn spent on practices not doing that

More than half of federal funding for “climate-smart” agriculture in the US goes to farming practices that are unlikely to reduce greenhouse gas emissions – and in some cases, would even increase them, according to a new report by the non-profit Environmental Working Group.

The US Department of Agriculture (USDA) set aside more than $3bn to give to farmers who practice “climate-smart” agriculture, but roughly $1.9bn of it is being spent on practices that experts say aren’t actually combating the climate crisis.

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